ERROR OF COMISSION Definition

ERROR OF COMISSION is an error that occurs as a result of an action taken. In accounting, the error occurs when one or both of the double entries are made in the correct class of account but the wrong account within that class.

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P as the fifth letter in a Nasdaq stock symbol indicates that the issue is first class of preferred shares in the company.

TRADE RECEIVABLES (NET) are all accounts from trade, net of allowance for doubtful accounts.